Renewable Energy

November 7, 1997 • Volume 7, Issue 41
Should federal subsidies be eliminated?
By Mary H. Cooper

Introduction

r19971107cover.gif (Photo Credit: Enron Renewable Energy Corporation)
(Photo Credit: Enron Renewable Energy Corporation)

In the early 1970s, a series of energy crises awakened the country to its growing dependence on foreign oil. In response, lawmakers created federal subsidies to help develop and promote solar, geothermal and other renewable energy sources. The goal was not only to develop more domestic energy sources but also to reduce the air pollution resulting from fossil fuel use. Today, however, oil and gas prices have fallen, foreign oil supplies appear reliable and renewables - despite the subsidies - have failed to capture much of the energy market. As Congress considers legislation that would deregulate the electric industry, some producers of oil, gas and coal - still the main sources of energy in the United States - say it's time to eliminate federal subsidies for renewable energy.

ISSUE TRACKER for Related Reports
Alternative Energy
Sep. 29, 2006  Biofuels Boom
Feb. 25, 2005  Alternative Fuels
Nov. 07, 1997  Renewable Energy
Jul. 09, 1993  Electric Cars
Jul. 10, 1992  Alternative Energy
Mar. 26, 1982  Solar Energy's Uneasy Transition
Nov. 20, 1981  Wind and Water: Expanding Energy Technologies
Aug. 31, 1979  Synthetic Fuels
Nov. 12, 1976  Solar Energy
Mar. 14, 1973  New Energy Sources
Aug. 14, 1968  Steam and Electric Autos
Jan. 22, 1929  Federal Water Power Policy
Oct. 08, 1928  Status of the Muscle Shoals Project
Jan. 26, 1927  The Colorado River Problem
BROWSE RELATED TOPICS:
Air Pollution
Renewable Energy Resources and Alternative Fuels